description
Scope of enquiry while granting approval ;Necessity for registration u/s 12AA while seeking approval/claiming exemption u/s 10(23C)(vi);Generation of surplus out of gross receipts;Collection of amounts under different heads of fee from students;Impact of extraordinary powers of the Maraging Trustees to appoint remove or nominate other trustees;Filed authorities are advised to keep the above position in mind while dealing with the matters of approval/exemption u/s 10(23C)(vi)